VSE Corp. resumed with a Buy at Stifel

Stifel resumed coverage of VSE Corp. (VSEC) with a Buy rating and $199 price target The firm believes the company is positioned for continued double-digit organic revenue growth, margin expansion, and to further leverage the “attractive” aerospace aftermarket industry via accretive acquisitions. VSE has completed a transformation to a pure-play aviation aftermarket parts distributor and maintenance, repair, and overhaul service provider, the analyst tells investors in a research note.